In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALAMy personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
More Rakesh Jhunjhunwala Quotes
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I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA -
You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
RAKESH JHUNJHUNWALA -
Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA -
I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
RAKESH JHUNJHUNWALA -
There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA -
I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
RAKESH JHUNJHUNWALA -
I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
RAKESH JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
RAKESH JHUNJHUNWALA -
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA -
I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA -
It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
RAKESH JHUNJHUNWALA -
I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA -
Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA